The market for DC motor is expected to grow at a CAGR of around 12.9% from 2020 to 2027 and expected to reach the market value of around US$ 35.1 Bn by 2027.
DC motor is a class of rotary electrical motors that turns electricity into motion by exploiting electromagnetic induction, and in the case of DC motor, it utilizes direct current electrical energy to convert it into mechanical energy.
Market Dynamics
The increasing preference for electric vehicles across the globe due to increasing concern about the environmental pollution from fuel combustion engines is driving the market growth. According to recent updates of 2021, Electric cars rise to a record 54% market share in Norway and the country becomes the first in the world where electric car sales outstrip those powered by other means including gas, fossil fuel, etc. The rising demand for DC motors in agricultural equipment due to raising awareness about advanced farming and instruments is further boosting the market value. Additionally, the increasing adoption of DC motor-driven mobile HVAC appliances commonly including vehicle air conditioning blowers and brushed PMDC motor is further proliferating the market value. Furthermore, adopting industrial automation components to compete in the fast-paced business environment, and transforming business processes are projected to create potential opportunities over the forecast period from 2020 to 2027.
On the other hand, restrictions to small-sized vehicles and limitations in the application are the factor projected to restrict the growth to an extent over the forecast period from 2020 to 2027.
Segment Instance of Global DC Motor Market
Brushless DC Motors accounted for the maximum revenue share in the global DC motor market
On the basis of motor type, the brushless DC motors segment is leading the market with maximum revenue share and the segment is also projected to maintain its dominance over the forecast period from 2020 to 2027. The increasing demand in heating, ventilation and air conditioning (HVAC) systems especially across large office buildings or shopping malls due to infrastructural development is supporting the segmental market value.
Asia Pacific dominated the DC motors market in 2019
In 2019, Asia Pacific dominated the market with maximum revenue share, and the region is also projected to maintain its dominance over the forecast period from 2020 to 2027. The major economies of the region including China, Japan, and India are contributing to the maximum revenue share. The developing economies of the region are estimated to support the fastest growth of the region during the forecast period.
Furthermore, Asia Pacific is followed by Europe in the DC motor market due to its advanced infrastructure for electric vehicle. Early adoption of the electric vehicle where DC motor is utilized is the major factor supporting the regional market value. Europe is a developed market and is projected to exhibit constant growth over the forecast period from 2020 to 2027.
Key Market Players
The players profiled in the report include Accurate Electric Motor & Pump Co, American Crane & Equipment Corp, Ametek Inc, Asmo Co. Ltd., ATS Automation Tooling Systems, Inc., Bayer AG, Bruce Electric Equipment Corp, Franklin Electric Co., Hansen Motors, Sony Corporation, Tesla Motors, Toyota, Whirlpool Corporation, and others.
Market Segmentation
Market By Motor Type
Brushed DC Motors
Brushless DC Motors
Market By Technology
Low Speed (Less Than 1,000 Rpm)
Medium Speed (1,001 To 25,000 Rpm)
High Speed (25,001 To 75,000 Rpm)
Ultra-High Speed (Greater Than 75,001 Rpm)
Market By Application
HVAC Equipment
Aerospace & Transportation
Household Appliances
Industrial Machinery
Motor Vehicles
Others
Market By Geography
North America
• U.S.
• Canada
Europe
• U.K.
• Germany
• France
• Spain
• Rest of Europe
Asia-Pacific
• China
• Japan
• India
• Australia
• South Korea
• Rest of Asia-Pacific
Latin America
• Brazil
• Mexico
• Rest of Latin America
Middle East & Africa
• GCC
• South Africa
• Rest of Middle East & Africa
CHAPTER 1. Industry Overview of DC Motor
1.1. Definition and Scope
1.1.1. Definition of DC Motor
1.1.2. Market Segmentation
1.1.3. Years Considered for the Study
1.1.4. Assumptions and Acronyms Used
1.1.4.1. Market Assumptions and Market Forecast
1.1.4.2. Acronyms Used in Global DC Motor Market
1.2. Summary
1.2.1. Executive Summary
1.2.2. DC Motor Market By Motor Type
1.2.3. DC Motor Market By Technology
1.2.4. DC Motor Market By Application
1.2.5. DC Motor Market by Regions
CHAPTER 2. Research Approach
2.1. Methodology
2.1.1. Research Programs
2.1.2. Market Size Estimation
2.1.3. Market Breakdown and Data Triangulation
2.2. Data Source
2.2.1. Secondary Sources
2.2.2. Primary Sources
CHAPTER 3. Market Dynamics And Competition Analysis
3.1. Market Drivers
3.1.1. Driver 1
3.1.2. Driver 2
3.2. Restraints and Challenges
3.2.1. Restrain 1
3.2.2. Restrain 2
3.3. Growth Opportunities
3.3.1. Opportunity 1
3.3.2. Opportunity 2
3.4. Porter’s Five Forces Analysis
3.4.1. Bargaining Power of Suppliers
3.4.2. Bargaining Power of Buyers
3.4.3. Threat of Substitute
3.4.4. Threat of New Entrants
3.4.5. Degree of Competition
3.5. Market Concentration Ratio and Market Maturity Analysis of DC Motor Market
3.5.1. Go To Market Strategy
3.5.1.1. Introduction
3.5.1.2. Growth
3.5.1.3. Maturity
3.5.1.4. Saturation
3.5.1.5. Possible Development
3.6. Technological Roadmap for DC Motor Market
3.7. Value Chain Analysis
3.7.1. List of Key Manufacturers
3.7.2. List of Customers
3.7.3. Level of Integration
3.8. Cost Structure Analysis
3.8.1. Price Trend of Key Raw Materials
3.8.2. Raw Material Suppliers
3.8.3. Proportion of Manufacturing Cost Structure
3.8.3.1. Raw Material
3.8.3.2. Labor Cost
3.8.3.3. Manufacturing Expense
3.9. Regulatory Compliance
3.10. Competitive Landscape, 2019
3.10.1. Player Positioning Analysis
3.10.2. Key Strategies Adopted By Leading Players
CHAPTER 4. Manufacturing Plant Analysis
4.1. Manufacturing Plant Location and Establish Date of Major Manufacturers in 2019
4.2. R&D Status and Application Source of DC Motor Major Manufacturers in 2019
CHAPTER 5. DC Motor Market By Motor Type
5.1. Introduction
5.2. DC Motor Revenue By Motor Type
5.2.1. DC Motor Revenue (US$ Mn) and Forecast, By Motor Type, 2016-2027
5.2.2. Brushed DC Motors
5.2.2.1. Brushed DC Motors Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
5.2.3. Brushless DC Motors
5.2.3.1. Brushless DC Motors Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
CHAPTER 6. DC Motor Market Revenue By Technology
6.1. Introduction
6.2. DC Motor Revenue (US$ Mn) By Technology
6.2.1. DC Motor Revenue (US$ Mn) and Forecast By Technology, 2016 - 2027
6.2.2. Low Speed (Less Than 1,000 Rpm)
6.2.2.1. Low Speed (Less Than 1,000 Rpm) Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
6.2.3. Medium Speed (1,001 To 25,000 Rpm)
6.2.3.1. Medium Speed (1,001 To 25,000 Rpm) Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
6.2.4. High Speed (25,001 To 75,000 Rpm)
6.2.4.1. High Speed (25,001 To 75,000 Rpm) Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
6.2.5. Ultra-High Speed (Greater Than 75,001 Rpm)
6.2.5.1. Ultra-High Speed (Greater Than 75,001 Rpm) Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
CHAPTER 7. DC Motor Market By Application
7.1. Introduction
7.2. DC Motor Revenue (US$ Mn) By Application
7.2.1. DC Motor Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
7.2.2. HVAC Equipment
7.2.2.1. HVAC Equipment Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
7.2.3. Aerospace & Transportation
7.2.3.1. Aerospace & Transportation Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
7.2.4. Household Appliances
7.2.4.1. Household Appliances Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
7.2.5. Industrial Machinery
7.2.5.1. Industrial Machinery Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
7.2.6. Motor Vehicles
7.2.6.1. Motor Vehicles Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
7.2.7. Others
7.2.7.1. Others Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
CHAPTER 8. North America DC Motor Market By Country
8.1. North America DC Motor Overview
8.2. U.S.
8.2.1. U.S. DC Motor Market Revenue (US$ Mn) and Forecast By Motor Type, 2016-2027
8.2.2. U.S. DC Motor Market Revenue (US$ Mn) and Forecast By Technology, 2016-2027
8.2.3. U.S. DC Motor Market Revenue (US$ Mn) and Forecast By Application, 2016-2027
8.3. Canada
8.3.1. Canada DC Motor Market Revenue (US$ Mn) and Forecast By Motor Type, 2016-2027
8.3.2. Canada DC Motor Market Revenue (US$ Mn) and Forecast By Technology, 2016-2027
8.3.3. Canada DC Motor Market Revenue (US$ Mn) and Forecast By Application, 2016-2027
8.4. North America PEST Analysis
CHAPTER 9. Europe DC Motor Market By Country
9.1. Europe DC Motor Market Overview
9.2. U.K.
9.2.1. U.K. DC Motor Market Revenue (US$ Mn) and Forecast By Motor Type, 2016-2027
9.2.2. U.K. DC Motor Market Revenue (US$ Mn) and Forecast By Technology, 2016-2027
9.2.3. U.K. DC Motor Market Revenue (US$ Mn) and Forecast By Application, 2016-2027
9.3. Germany
9.3.1. Germany DC Motor Market Revenue (US$ Mn) and Forecast By Motor Type, 2016-2027
9.3.2. Germany DC Motor Market Revenue (US$ Mn) and Forecast By Technology, 2016-2027
9.3.3. Germany DC Motor Market Revenue (US$ Mn) and Forecast By Application, 2016-2027
9.4. France
9.4.1. France DC Motor Market Revenue (US$ Mn) and Forecast By Motor Type, 2016-2027
9.4.2. France DC Motor Market Revenue (US$ Mn) and Forecast By Technology, 2016-2027
9.4.3. France DC Motor Market Revenue (US$ Mn) and Forecast By Application, 2016-2027
9.5. Spain
9.5.1. Spain DC Motor Market Revenue (US$ Mn) and Forecast By Motor Type, 2016-2027
9.5.2. Spain DC Motor Market Revenue (US$ Mn) and Forecast By Technology, 2016-2027
9.5.3. Spain DC Motor Market Revenue (US$ Mn) and Forecast By Application, 2016-2027
9.6. Rest of Europe
9.6.1. Rest of Europe DC Motor Market Revenue (US$ Mn) and Forecast By Motor Type, 2016-2027
9.6.2. Rest of Europe DC Motor Market Revenue (US$ Mn) and Forecast By Technology, 2016-2027
9.6.3. Rest of Europe DC Motor Market Revenue (US$ Mn) and Forecast By Application, 2016-2027
9.7. Europe PEST Analysis
CHAPTER 10. Asia Pacific DC Motor Market By Country
10.1. Asia Pacific DC Motor Market Overview
10.2. China
10.2.1. China DC Motor Market Revenue (US$ Mn) and Forecast By Motor Type, 2016 - 2027
10.2.2. China DC Motor Market Revenue (US$ Mn) and Forecast By Technology, 2016 - 2027
10.2.3. China DC Motor Market Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
10.3. Japan
10.3.1. Japan DC Motor Market Revenue (US$ Mn) and Forecast By Motor Type, 2016 - 2027
10.3.2. Japan DC Motor Market Revenue (US$ Mn) and Forecast By Technology, 2016 - 2027
10.3.3. Japan DC Motor Market Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
10.4. India
10.4.1. India DC Motor Market Revenue (US$ Mn) and Forecast By Motor Type, 2016 - 2027
10.4.2. India DC Motor Market Revenue (US$ Mn) and Forecast By Technology, 2016 - 2027
10.4.3. India DC Motor Market Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
10.5. Australia
10.5.1. Australia DC Motor Market Revenue (US$ Mn) and Forecast By Motor Type, 2016 - 2027
10.5.2. Australia DC Motor Market Revenue (US$ Mn) and Forecast By Technology, 2016 - 2027
10.5.3. Australia DC Motor Market Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
10.6. South Korea
10.6.1. South Korea DC Motor Market Revenue (US$ Mn) and Forecast By Motor Type, 2016 - 2027
10.6.2. South Korea DC Motor Market Revenue (US$ Mn) and Forecast By Technology, 2016 - 2027
10.6.3. South Korea DC Motor Market Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
10.7. Rest of Asia-Pacific
10.7.1. Rest of Asia-Pacific DC Motor Market Revenue (US$ Mn) and Forecast By Motor Type, 2016 - 2027
10.7.2. Rest of Asia-Pacific DC Motor Market Revenue (US$ Mn) and Forecast By Technology, 2016 - 2027
10.7.3. Rest of Asia-Pacific DC Motor Market Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
10.8. Asia Pacific PEST Analysis
CHAPTER 11. Latin America DC Motor Market By Country
11.1. Latin America DC Motor Market Overview
11.2. Brazil
11.2.1. Brazil DC Motor Market Revenue (US$ Mn) and Forecast By Motor Type, 2016 - 2027
11.2.2. Brazil DC Motor Market Revenue (US$ Mn) and Forecast By Technology, 2016 - 2027
11.2.3. Brazil DC Motor Market Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
11.3. Mexico
11.3.1. Mexico DC Motor Market Revenue (US$ Mn) and Forecast By Motor Type, 2016 - 2027
11.3.2. Mexico DC Motor Market Revenue (US$ Mn) and Forecast By Technology, 2016 - 2027
11.3.3. Mexico DC Motor Market Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
11.4. Rest of Latin America
11.4.1. Rest of Latin America DC Motor Market Revenue (US$ Mn) and Forecast By Motor Type, 2016 - 2027
11.4.2. Rest of Latin America DC Motor Market Revenue (US$ Mn) and Forecast By Technology, 2016 - 2027
11.4.3. Rest of Latin America DC Motor Market Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
11.5. Latin America PEST Analysis
CHAPTER 12. Middle East & Africa DC Motor Market By Country
12.1. Middle East & Africa DC Motor Market Overview
12.2. Saudi Arabia
12.2.1. Saudi Arabia DC Motor Market Revenue (US$ Mn) and Forecast By Motor Type, 2016 - 2027
12.2.2. Saudi Arabia DC Motor Market Revenue (US$ Mn) and Forecast By Technology, 2016 - 2027
12.2.3. Saudi Arabia DC Motor Market Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
12.3. UAE
12.3.1. UAE DC Motor Market Revenue (US$ Mn) and Forecast By Motor Type, 2016 - 2027
12.3.2. UAE DC Motor Market Revenue (US$ Mn) and Forecast By Technology, 2016 - 2027
12.3.3. UAE DC Motor Market Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
12.4. Rest of Middle East & Africa
12.4.1. Rest of Middle East & Africa DC Motor Market Revenue (US$ Mn) and Forecast By Motor Type, 2016 - 2027
12.4.2. Rest of Middle East & Africa DC Motor Market Revenue (US$ Mn) and Forecast By Technology, 2016 - 2027
12.4.3. Rest of Middle East & Africa DC Motor Market Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
12.5. Middle East & Africa PEST Analysis
CHAPTER 13. Player Analysis Of DC Motor
13.1. DC Motor Market Company Share Analysis
13.2. Competition Matrix
13.2.1. Competitive Benchmarking of key players by price, presence, market share, and R&D investment
13.2.2. New Product Launches and Product Enhancements
13.2.3. Mergers And Acquisition In Global DC Motor Market
13.2.4. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements
CHAPTER 14. COMPANY PROFILE
14.1. Accurate Electric Motor & Pump Co
14.1.1. Company Snapshot
14.1.2. Business Overview
14.1.3. Financial Overview
14.1.3.1. Revenue (US$ Mn), 2019
14.1.3.2. Accurate Electric Motor & Pump Co 2019 DC Motor Business Regional Distribution
14.1.4. Product/ Service and Specification
14.1.5. Recent Developments & Business Strategy
14.1.6. Manufacturing Plant Footprint Analysis
14.2. American Crane & Equipment Corp
14.3. Ametek Inc
14.4. Asmo Co. Ltd.
14.5. ATS Automation Tooling Systems, Inc.
14.6. Bayer AG
14.7. Bruce Electric Equipment Corp
14.8. Franklin Electric Co.
14.9. Hansen Motors
14.10. Sony Corporation
14.11. Tesla Motors
14.12. Toyota
14.13. Whirlpool Corporation
14.14. Others
